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iShares iBoxx $ High Yield Corporate Bond ETF

694 hedge funds and large institutions have $17.3B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2019 Q1 according to their latest regulatory filings, with 120 funds opening new positions, 257 increasing their positions, 229 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 87

13% more capital invested

Capital invested by funds: $15.3B → $17.3B (+$2.02B)

12% more repeat investments, than reductions

Existing positions increased: 257 | Existing positions reduced: 229

11% more funds holding in top 10

Funds holding in top 10: 6673 (+7)

3% more funds holding

Funds holding: 673694 (+21)

16.37% less ownership

Funds ownership: 127.44%111.08% (-16%)

90% less call options, than puts

Call options by funds: $2.72B | Put options by funds: $26.6B

Holders
694
Holders Change
+21
Holders Change %
+3.12%
% of All Funds
15.02%
Holding in Top 10
73
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+10.61%
% of All Funds
1.58%
New
120
Increased
257
Reduced
229
Closed
87
Calls
$2.72B
Puts
$26.6B
Net Calls
-$23.9B
Net Calls Change
-$5.52B
Name Holding Trade Value Shares
Change
Change in
Stake
AG
51
AlphaSimPlex Group
Massachusetts
$49.7M +$48.8M +574,347 New
AG
52
Advisor Group
Arizona
$45.8M +$17.3M +203,697 +62%
Rafferty Asset Management
53
Rafferty Asset Management
New York
$44M +$38M +447,802 +739%
Bank of New York Mellon
54
Bank of New York Mellon
New York
$43.8M +$10.1M +118,971 +31%
SEI Investments
55
SEI Investments
Pennsylvania
$43.7M +$4.51M +53,083 +12%
Fifth Third Bancorp
56
Fifth Third Bancorp
Ohio
$40M +$7.59M +89,391 +24%
US Bancorp
57
US Bancorp
Minnesota
$39.3M +$2.91M +34,329 +8%
California Public Employees Retirement System
58
California Public Employees Retirement System
California
$38.2M +$6.51M +76,652 +21%
SIM
59
Strategic Investment Management
Virginia
$37.6M
HIM
60
Hanlon Investment Management
New Jersey
$36.3M +$35.6M +419,228 New
PPA
61
Parametric Portfolio Associates
Washington
$36.1M -$21.6M -254,261 -38%
RJFSA
62
Raymond James Financial Services Advisors
Florida
$35.8M -$381K -4,493 -1%
Commonwealth Equity Services
63
Commonwealth Equity Services
Massachusetts
$32.7M +$12.3M +144,947 +62%
Bank of Montreal
64
Bank of Montreal
Ontario, Canada
$32.6M +$14.7M +173,099 +85%
WRF
65
Waddell & Reed Financial
Kansas
$31.6M -$6.37M -75,000 -17%
MIS
66
Morningstar Investment Services
Illinois
$31.2M +$5.57M +65,651 +22%
D.E. Shaw & Co
67
D.E. Shaw & Co
New York
$31M +$30.5M +358,998 New
NFA
68
Nationwide Fund Advisors
Ohio
$30.3M -$123K -1,447 -0.4%
LTFS
69
Ladenburg Thalmann Financial Services
Florida
$29.9M -$1.02M -12,045 -3%
ECM
70
ETrade Capital Management
Virginia
$28.8M -$413K -4,867 -1%
Schroder Investment Management Group
71
Schroder Investment Management Group
United Kingdom
$27.4M
Loomis, Sayles & Company
72
Loomis, Sayles & Company
Massachusetts
$27.3M +$26.8M +315,662 +284,380%
TF
73
TIAA FSB
Florida
$26.7M -$257M -3,027,782 -91%
NAM
74
NorthCoast Asset Management
Connecticut
$25.4M +$5.62M +66,218 +29%
ATPW
75
Ashton Thomas Private Wealth
Arizona
$24.3M +$23.9M +280,959 New

HYG Hedge Fund Activity: Q1 2019 in Review

694 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q1 2019, worth a combined $17.3B — up 13% from $15.3B a quarter earlier.

Buyers outnumbered sellers: 120 funds opened new HYG positions and 87 closed out — a net gain of 33 holders — while 257 added to existing stakes and 229 trimmed.

The largest buyer was Prudential plc, adding an estimated $441M. The largest seller was Goldman Sachs, cutting an estimated $738M.

  • 694 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q1 2019, up from 673 in Q4 2018.
  • Funds reported $17.3B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q1 2019, up 13% quarter-over-quarter.
  • 120 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q1 2019 and 87 closed out, a net change of +33 holders.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q1 2019 was Prudential plc, an estimated $441M added.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q1 2019 was Goldman Sachs, an estimated $738M sold.

Based on aggregated 13F filings for Q1 2019.